Another boring night where we were half size, made worse by the fact that our GBPUSD call triggered long right on a Comber 13 sell signal. We will remain half size in the weeks ahead as August is usually the slowest month of the year for Forex. Those who use the Seeker/Comber, this is a great time to fade signals there.
Here’s a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
Bad timing as the long idea triggered at A right on a Comber 13 sell signal (those of you that have gone through the program should have avoided the trade if you were awake and watching):